Top Canadian Oil Dividend Stocks
Just like every other stock on the market, top Canadian oil stocks suffered selloffs during the COVID-19 pandemic market crash that hit a low in March of 2020. The spike…
How oil holds the key to whether the stock market has bottomed
Oil acting as a tax and historically correlates well with recessions, pulling sentiment and consumption down Gina Sanchez asserted on CNBC today that stock market has mostly priced in Fed…
Energy stocks keep climbing with crude prices as OPEC+ plan disappoints
Energy stocks (NYSEARCA:XLE) rose as crude oil posted a sixth straight weekly advance, after markets shrugged off OPEC’s modest production boost that seems unlikely to make up for lost supply…
National average rises as cost of oil and gas demand increase
Since Monday, the national average for a gallon of regular gasoline has increased by nine cents to $4.71. According to new data from the Energy Information Administration (EIA), total domestic…
Biden to send $700m “Covid relief” check to biofuel industry ahead of quota release
The Biden administration is set to announce biofuel blending quotas for 2021 and 2022 Friday, an announcement that will impact food (CORN) (SOYB) and fuel prices, as well as bio-fuel…